Highest-materiality recent filing
AAR updates FY2026 outlook, unveils new segment structure at Investor Day
Q4 FY2026 outlook: total adj. sales growth 19-21%, organic adj. sales growth 16-18%, adj. operating margin 10.2-10.5%.
AAR realigns into four segments, will wind down Legacy Commercial Programs over 3-4 years
New segments: Parts Supply, Repair & Engineering & Software, Government Solutions, Legacy Commercial Programs.
AAR completes acquisition of Aircraft Reconfig Technologies for $35M cash
Acquired Aircraft Reconfig Technologies (ART) from ZIM Aircraft Cabin Solutions for $35M cash, subject to post-closing adjustments.
AAR reports Q3 FY2026: sales $845M (+25%), adjusted EPS $1.25, raises full-year guidance
Sales $845M (+25% YoY); GAAP diluted EPS $1.71; adjusted diluted EPS $1.25 (+26%).
AAR Q2 FY2026 sales up 16% to $795M; adjusted EPS $1.18 (+31%); raises full-year guidance
Sales $795M (+16%); GAAP EPS $0.90; adjusted EPS $1.18 (+31% vs $0.90 prior).
AAR CFO Sean Gillen resigns effective Dec 11; VP Sarah Flanagan named Interim CFO
Sean Gillen resigns as SVP & CFO effective Dec 11, 2025, to pursue opportunity outside aviation industry.
AAR acquires HAECO Americas for $80M; secures over $850M in multi-year MRO contracts
Acquisition of HAECO Americas for $80M in cash (subject to adjustments); funded via existing credit facility.
AAR CORP. prices 3M-share offering at $83; net proceeds ~$239M to repay credit facility
3,000,000 shares priced at $83.00 per share; underwriters have 30-day option for additional 450,000 shares.
AAR acquires ADI for $146M cash to expand new parts distribution
ADI generated $149M revenue and $15.2M EBITDA in trailing twelve months ended June 30, 2025.
AAR Q1 FY2026 sales up 12% to $740M; adjusted EPS $1.08 (+27%); margins expand
GAAP EPS $0.95; adjusted diluted EPS $1.08 vs $0.85 last year; net income $34.4M
AAR Corp issues $150M of 6.750% Senior Notes due 2029 at 102% of par
$150M additional notes priced at 102.000% of principal, yield 6.119%, plus accrued interest from March 15, 2025.
AAR Q4 FY2025 sales up 15% to $754.5M; adj EPS $1.16 (+32% YoY)
Q4 net income $34M ($0.95 GAAP); adjusted diluted EPS $1.16 vs $0.88 prior year.
AAR Q3 FY2025 adjusted EPS $0.99 (+16%); sales $678M (+20%); GAAP loss on $63.7M charge
Adjusted diluted EPS $0.99 vs $0.85 YoY; GAAP net loss $8.9M ($0.25 loss per share) due to $63.7M charge on landing gear divestiture.
Q2 sales $686M (+26% YoY); organic growth 12% (accelerated from 6% in Q1).
Divestiture valued at $51 million; expected close in Q1 2025 subject to customary conditions.
AAR resolves FCPA investigations with DOJ and SEC; agrees to pay $55.6M total
Total payment of $55.6M includes DOJ penalty of $26.4M, forfeiture of $18.6M, and SEC disgorgement of $23.5M plus $5.8M interest.
AAR Q1 FY2025 sales up 20% to $662M; adj. EPS $0.85 vs $0.78
GAAP diluted EPS $0.50 vs loss of $0.02 in prior-year quarter; adjusted EPS $0.85 vs $0.78.
AAR reports Q4 record sales $657M, adj EPS $0.88; raises margin targets
Q4 sales $656.5M (+19% YoY); GAAP EPS $0.26 vs $0.66; adjusted EPS $0.88 vs $0.83.
AAR reports record Q3 sales of $567M, adjusted EPS $0.85 up 13% YoY
Sales $567.3M (+9% YoY); commercial sales up 18% to 70% of mix.
AAR completes $725M acquisition of Triumph Group's Product Support business
Acquisition closed March 1, 2024 for $725 million in cash, subject to customary adjustments.
AAR Corp commences private financing for Triumph acquisition; HSR clears; Russian judgment reversed
Commencing private financing of $500M permanent debt; $527.8M drawn under Amended Revolving Credit Facility.
AAR clarifies no role in Alaska Airlines 737 MAX 9 door plug incident
AAR issued statement on Jan 8 regarding Jan 5 Alaska Airlines Boeing 737 MAX 9 emergency landing.
AAR agrees to acquire Triumph Product Support for $725M cash; 20% EBITDA margin
Deal valued at $725M cash; expected tax benefits of ~$80M present value.
Q2 sales $545.4M (+16% YoY); GAAP EPS $0.67 (vs $0.64); adjusted EPS $0.81 (vs $0.69, +17%).
AAR to acquire Triumph's Product Support business for $725M
Purchase price $725M, subject to customary adjustments.
AAR Q1 FY2024 sales up 23% to $549.7M; adjusted EPS $0.78 beats prior year $0.61
GAAP diluted loss per share $0.02 includes $0.70 pension settlement and Russian legal charges.
Russian appellate court awards $13M judgment against AAR Corp in VIM-AVIA clawback suit
On Sept 19, 2023, Russian Appellate Court reversed trial court's dismissal and awarded $13M total judgment against AAR for four engine purchases.
AAR transfers remaining U.S. pension obligations to insurers; expects $25M non-cash charge
Closed purchase of group annuity contracts covering ~900 participants, transferring substantially all remaining U.S. pension obligations to American National Insurance.
On March 18, 2025, the Board of Directors (the “Board”) of AAR CORP. (the “Company”) increased the size of the Board to 12 members and elected Hema Widhani, 47, as a Class I independent director to fill the vacancy created by the increase, effective immediately.
On January 3, 2025, Tracey Patterson notified AAR CORP. (the “Company”) that she has accepted another professional opportunity outside of the Company and the aviation industry. She will depart from her current position as Senior Vice President and Chief Human Resources Officer and as an employee of the Company effective January 10, 2025 to allow for the appropriate transition.
On June 25, 2024, Anthony K. Anderson provided AAR CORP. (the “Company”) notice of his decision to not stand for re-election to the Board of Directors of the Company at the Company’s next annual meeting of stockholders to be held on September 17, 2024.
On March 19, 2024, the Board of Directors (the “Board”) of AAR CORP. (the “Company”) increased the size of the Board to 12 members and elected Jeffrey N. Edwards as a Class II independent director to fill the vacancy created by the increase, effective immediately.
elected Billy J. Nolen as a director to fill the vacancy created by the increase, effective immediately.
elected John W. Dietrich as a director to fill the vacancy created by the increase, effective immediately.
On October 24, 2022, H. John Gilbertson, Jr. provided AAR Corp. (the “Company”) notice of his decision to resign from the Board of Directors of the Company (the “Board”), effective October 27, 2022.
David P. Storch, Chairman of the Board of Directors (the “Board”) of AAR CORP. (the “Company”) advised the Board that he will retire as Chairman and as a member of the Board, effective as of the close of business on January 10, 2023.
Mr. Goodwin will be retiring from the Board upon the expiration of his term at the Company’s 2022 annual meeting.
The Board also appointed Mr. Marc J. Walfish as Lead Director
the Board appointed John M. Holmes, the Company’s President and Chief Executive Officer, to succeed Mr. Storch as Chairman of the Board effective upon Mr. Storch’s retirement
Max materiality 0.90 · Median 0.60 · Most common event earnings